Roscan Gold (CVE:ROS) Shares Down 7.8% – What’s Next?

Roscan Gold Co. (CVE:ROS) traded down 7.8% on Friday . The company traded as low as C$0.23 and last traded at C$0.24. 82,741 shares changed hands during trading, a decline of 81% from the average session volume of 426,500 shares. The stock had previously closed at C$0.26.

Roscan Gold Stock Down 12.2%

The company has a current ratio of 0.19, a quick ratio of 0.31 and a debt-to-equity ratio of -42.13. The company has a market capitalization of C$94.28 million, a P/E ratio of -35.83 and a beta of 3.22. The stock has a 50 day moving average price of C$0.18 and a 200 day moving average price of C$0.14.

Roscan Gold Company Profile

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa. The company was formerly known as Roscan Minerals Corporation and changed its name to Roscan Gold Corporation in September 2018.